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Dec 28, 2012
12/12
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even with john boehner were to come to obama with a deal, john boehner is being held host and by members of his own caucus who won't let him do that. boehner can work with democrats to get it passnd and throw some of his support with the democrats to get it passed but the problem for john boehner is he has an election coming up for his own leadership position on january 3 and he is afraid to do that. >> laura: again, and i understand why julie is saying this because the republicans don't have a ton of leverage here, stephen. >> they don't. >> they have very little leverage. >> all of the taxes go up, lawyer, a as you know, on january 2. >> is it that bad for president obama if we go over the cliff, oh, throw the nation into recession and lose all these jobs but he views everything through a political lens does he not? >> he does. >> laura: i think they made the calculation this won't hurt them one bit and they have gotten the peg on the tea he party and boehner or something. >> the president has said that by the way of the negotiations and john boehner made the statement the other day th
even with john boehner were to come to obama with a deal, john boehner is being held host and by members of his own caucus who won't let him do that. boehner can work with democrats to get it passnd and throw some of his support with the democrats to get it passed but the problem for john boehner is he has an election coming up for his own leadership position on january 3 and he is afraid to do that. >> laura: again, and i understand why julie is saying this because the republicans don't...
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Dec 29, 2012
12/12
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president obama said after the meeting he is modestly optimistic a deal can be reached. and an extension of long-term unemployment benefits. and that's of course for the long-term unemployed as well as what's known as a dock fix which has to do with medicare payments to doctors. that's where we are. we don't expect anything big in the next 24 hours, but this is after all washington. right now, it's time for piers morgan tonight. >> tonight, tyler perry is a successful writer, director, actor. >> she told me you're the best interviewer in the world, so i'm worried. >> his movies have grossed over $600 million. >> it means i get to reinvest in what i do and i'm able to hire a lot more people. >> and he knows how to wear a dress. have you ever thought you were going to be world famous for cross dressing. >> never in a million years. even the first time i did it, i didn't think it would last as long as it did. >> the greatest gift in my life is what my audience has given me. >> and she's a fine girl. brandy back to the spotlight and speaking from the heart about her mentor,
president obama said after the meeting he is modestly optimistic a deal can be reached. and an extension of long-term unemployment benefits. and that's of course for the long-term unemployed as well as what's known as a dock fix which has to do with medicare payments to doctors. that's where we are. we don't expect anything big in the next 24 hours, but this is after all washington. right now, it's time for piers morgan tonight. >> tonight, tyler perry is a successful writer, director,...
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Dec 28, 2012
12/12
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we will remember general schwartzkopf of up next. >>> deal or no deal? down to the wire as president obama and congressional leaders meet at the white house
we will remember general schwartzkopf of up next. >>> deal or no deal? down to the wire as president obama and congressional leaders meet at the white house
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Dec 28, 2012
12/12
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. >> as we stand by for an update coming from the white house on the fiscal cliff from president obama in 20 minutes, we're getting word that senate leaders have offered last-minute bipartisan talks in an effort to reach a deal. we expected her an update on that about 20 minutes. >> the nation is remembering the life of an american hero, retired general norman schwarzkopf has died. he is best known as one of>> tonight scott thuman looks back at his life. >> in 1990, norman schwarzkopf was a little-known u.s. army general looking towards retirement. the west point graduate and decorated officer for his service in vietnam he spent his entire career in the army. when a rack's dictator saddam hussein invaded neighboring kuwait "stormin' norman" became a household name. as the leader of the u.s.-led international coalition that quickly drove iraqi forces out of kuwait, schwarzkopf achieved rock star status. he returned from the persian gulf in national hero and was awarded the medal of freedom. >> he was a leader, and motivator. he got a lot of things done. he was an extremely compassionate
. >> as we stand by for an update coming from the white house on the fiscal cliff from president obama in 20 minutes, we're getting word that senate leaders have offered last-minute bipartisan talks in an effort to reach a deal. we expected her an update on that about 20 minutes. >> the nation is remembering the life of an american hero, retired general norman schwarzkopf has died. he is best known as one of>> tonight scott thuman looks back at his life. >> in 1990,...
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Dec 24, 2012
12/12
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FBC
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it makes a great deal of sense. >> i agree. it is going to happen, and he has his paddle to the metal. he is not a point change. lou: he being ben bernanke, president obama has to figure out whether or not he is going to change. i want to read a few words. at that the president had already left for hawaii and had arrived. he says, avoiding the middle-class tax hike is not a democratic responsibility or republican responsibility. with their votes. this is our president speaking, with ebro's the american people have determined that governing is a shared responsibility, are you ready, between both parties, the same guy who has been fighting tooth and nail. he does not even talk like the same guy. >> he has to go a little bit further and reducing entitlements long term if there is going to be any reason to believe that we are making substantial, credie progress and studying the deficit. lou: i'm going to quickly pose the one question. there is some smart money suggesting that we are going to see this thing get pushed beyond january
it makes a great deal of sense. >> i agree. it is going to happen, and he has his paddle to the metal. he is not a point change. lou: he being ben bernanke, president obama has to figure out whether or not he is going to change. i want to read a few words. at that the president had already left for hawaii and had arrived. he says, avoiding the middle-class tax hike is not a democratic responsibility or republican responsibility. with their votes. this is our president speaking, with...
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Dec 22, 2012
12/12
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FBC
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obama was paying attention. ed henry, fox news chief white hoe correspondent. president obama nominating senator john kerry to be the next secretary of state, claiming his entire life as prepared him for this role to lead america's foreign policy. >> over these many years he has -arned the respect and confidence of leaders around the world. he will not need a lot of on-the-job training and has earned the respect and trust of senate colleagu, democrats and republicans. fair to say that few individuals know as many presidents and prime ministers or grass our foreign policies as firmly as john kerry, and this makes him a perfect choice to get ameican diplomacy in the years ahead. lou: and high praise for one of the people of this administration from this job was a natural, obviously coming after susan rice, ambassador rice was, well, withdrew her name from consideration. joining us now, former pentagon official, fox is security analyst, former u.s. ambassador to the united nations. what do you think of this appointment? >> i think it will be more of the same, only
obama was paying attention. ed henry, fox news chief white hoe correspondent. president obama nominating senator john kerry to be the next secretary of state, claiming his entire life as prepared him for this role to lead america's foreign policy. >> over these many years he has -arned the respect and confidence of leaders around the world. he will not need a lot of on-the-job training and has earned the respect and trust of senate colleagu, democrats and republicans. fair to say that few...
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Dec 29, 2012
12/12
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CNBC
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president obama asked the senate leaders to try to make a deal. we'll get more on all of it from washington next. so, this board gives me rates for progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progressive. call or click today. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. >>> welcome back to "the kudlow report." i'm michelle caruso-cabrera in for larry kudlow. we continue to wait for a fiscal deal. president obama has punted the decision to the senate asking them to come up with a deal. the markets don't like it. they sold off today during the after-hours session and stocks are getting hammered. we haven't seen anything from president obama on the deteriorating
president obama asked the senate leaders to try to make a deal. we'll get more on all of it from washington next. so, this board gives me rates for progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progressive....
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Dec 28, 2012
12/12
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optimistic a deal can be reached to avoid the fiscal cliff. >>> doug is tracking the storm that could dump about 2 inches of snow this weekend. will your neighborhood get snow or rain? >>> a showdown. they're about to throw down at fedex field. we'll have the coverage. good evening. >> >>> our top story, the snowstorm that's expected to arrive overnight is going hey, look! a shooting star! make a wish! i wish we could lie here forever.
optimistic a deal can be reached to avoid the fiscal cliff. >>> doug is tracking the storm that could dump about 2 inches of snow this weekend. will your neighborhood get snow or rain? >>> a showdown. they're about to throw down at fedex field. we'll have the coverage. good evening. >> >>> our top story, the snowstorm that's expected to arrive overnight is going hey, look! a shooting star! make a wish! i wish we could lie here forever.
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Dec 22, 2012
12/12
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president obama calls for congress to act on a scaled down deal that would spare the middle class on tax hikes from the first of the year. he spoke with john boehner tonight but is grand bargain still possible when everybody is leaving town. then in the weeks since the shooting massacre in a town that left hand 20 children and six educators dead, we've been hearing for plenty calling for new gun control laws but little from the nra until now. in a bizarre meeting, the head of the nra said the solution to gun vie lerchs in this country is simple. more guns. armed officers, in fact, in every school. it's the same line we've heard from nra, but has the country's relationship with guns fundamentally changed since newtown? and what we saw is yet another symptom of a real problem for the gop. they don't believe in compromise and they've lurched too far to the right. >>> plus replacing hillary clinton, john kerry gets the job he's waited for his whole life. president obama tapped john kerry as the next secretary of state. >>> and let me finish with the new movie about getting bin laden and
president obama calls for congress to act on a scaled down deal that would spare the middle class on tax hikes from the first of the year. he spoke with john boehner tonight but is grand bargain still possible when everybody is leaving town. then in the weeks since the shooting massacre in a town that left hand 20 children and six educators dead, we've been hearing for plenty calling for new gun control laws but little from the nra until now. in a bizarre meeting, the head of the nra said the...
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Dec 29, 2012
12/12
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again, in an afternoon white house meeting president obama pitch a debt plan he had outlined a week ago, prevent a tax increase for income of less than to an effective thousand dollars per year and extend long-term unemployment benefits. senate leaders are using that framework to try to craft a proposal to pass both houses of congress. aides say it would likely increase the threshold for tax increases, reversing massive pay cut from medicare doctors, and elections of millions of americans to avoid paying the alternative minimum tax. an increase in the debt ceiling is not part ofhe discussion. that is significant development r house republicans who won any increase in the borrowing limit it accompanied by an equal amount in spending cuts taking the debt ceiling of the table making it much easier for the scaled-down version to be negotiated. from here senate leaders will try to secure an agreement by sunday morning. if so, democrats and republicans will try to sell its house and senate members. if they can do that the voting begins. there is some progress report this evening, though there
again, in an afternoon white house meeting president obama pitch a debt plan he had outlined a week ago, prevent a tax increase for income of less than to an effective thousand dollars per year and extend long-term unemployment benefits. senate leaders are using that framework to try to craft a proposal to pass both houses of congress. aides say it would likely increase the threshold for tax increases, reversing massive pay cut from medicare doctors, and elections of millions of americans to...
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Dec 22, 2012
12/12
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president obama and his family are vacationing in hawaii and congress is on holiday recess. both sides are holding out hope that they will be able to reach a deal. >> this is something within our capacity to solve. it does not take this much work. we just have to do the right thing. >> of course, hope springs eternal and i know we have it in us to come together and do the right thing. >> listen to that, and it seems like they are both positive and feel something can get done. while both sides are away, the away and president in hawaii, can they get something done? >> reporter: well, look, richard, this will be a working vacation for president obama and i can also tell you that staffers on both sides of pennsylvania avenue will be in talks over the next several days despite the fact that they are technically on vacation. will they be able to get manage done that is significant over the next several days? probably not. but of course, lawmakers will head back to d.c. after the christmas holiday and resume negotiations again, and i expect we will see president obama cut his vaca
president obama and his family are vacationing in hawaii and congress is on holiday recess. both sides are holding out hope that they will be able to reach a deal. >> this is something within our capacity to solve. it does not take this much work. we just have to do the right thing. >> of course, hope springs eternal and i know we have it in us to come together and do the right thing. >> listen to that, and it seems like they are both positive and feel something can get done....
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Dec 26, 2012
12/12
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unemployment is the thing that president obama would most likely see attached to any deal. >> luke russert on this wednesday. >> take care. good to see you. >> new reaction to the fact that chuck hegel will be nominated by the secretary of defense. saying "give chuck a chance." friedman writing " because he has rather bluntly stated that his job as a u.s. senator was not to take orders but to advance u.s. interests, he is smeerd as an israel hater at beast and anti-semite at worst. here's what was said over the weekend about his possible appointment. >> i don't think he is going to get many republican votes. i like chuck. his positions, i didn't frankly know all of them. they are out of the mainstream and well to the left of the president. it will be a challenging nomination, but the hearings will matter. >> i have to study and i'm not going to comment will until the president makes his nomination. >> here's editor mark murray. you have known chuck schumer, that can't be a good sign. >> it wasn't for chuck hegel. no one has been officially nominated to defend secretary for president obama'
unemployment is the thing that president obama would most likely see attached to any deal. >> luke russert on this wednesday. >> take care. good to see you. >> new reaction to the fact that chuck hegel will be nominated by the secretary of defense. saying "give chuck a chance." friedman writing " because he has rather bluntly stated that his job as a u.s. senator was not to take orders but to advance u.s. interests, he is smeerd as an israel hater at beast and...
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Dec 27, 2012
12/12
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as president obama returns to the nation's capital to try to find some sort of deal on the fiscal cliff. we are also getting late word that senate majority leader harry reid will hold a news conference at 3:00 p.m. eastern time. this all comes on the heels that senator reid may be said we are going over the fiscal cliff. stocks now every 15 minutes. the "wall street journal" out with some retailers to watch in 2013. nicole: let's start off with harry reid's comments that we may go over the fiscal cliff. as a result, we are seeing a lot of down arrows. there is a market that started off in the green and then read. that is the action that we are seeing. getting to the retailers, there are a lot of retailers that have had a lot of headlines and in many cases have been struggling. jcpenney would be one of them. down nearly 5% on the day. they have been a big loser. you had ron johnson come over from apple. the "wall street journal" talked about a few retailers. four of them, to be exact. including best buy. that would be another one. radioshack. and also sears. these are the four names we h
as president obama returns to the nation's capital to try to find some sort of deal on the fiscal cliff. we are also getting late word that senate majority leader harry reid will hold a news conference at 3:00 p.m. eastern time. this all comes on the heels that senator reid may be said we are going over the fiscal cliff. stocks now every 15 minutes. the "wall street journal" out with some retailers to watch in 2013. nicole: let's start off with harry reid's comments that we may go...
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Dec 28, 2012
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this looked like president obama coming back with the same deal at 250. they are miles apart. >> kimberly: you were able to speak to people on the hill. what was your reaction? >> andrea: the president spread the stories that he will come to the table with a deal. swan dive off the fiscal cliff, hold your nose. we're going off. president obama wants to us go off hecht will come back with a largeer plan. the obama tax cut. then he will be able to reintate across-the-board sequestration cuts. 8.2% across the board. cut defense and health. they will be able to reintate a lot of programs and give his caucus the opportunity to say look, i am voting for something. i am voting to restore tax cuts for the middle class. voting to restore great thin things. republicans are in a tough position. no one will say vote to restore the tax cut for rich. this is his game plan from day one. >> eric: what is the a terptive? $250,000 and above? we see obama not oftenning cuts at all. looking for spending. >> kimberly: managing the message very well. conciliatory. >> andrea: b
this looked like president obama coming back with the same deal at 250. they are miles apart. >> kimberly: you were able to speak to people on the hill. what was your reaction? >> andrea: the president spread the stories that he will come to the table with a deal. swan dive off the fiscal cliff, hold your nose. we're going off. president obama wants to us go off hecht will come back with a largeer plan. the obama tax cut. then he will be able to reintate across-the-board...
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Dec 28, 2012
12/12
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host: any deal is likely to be limited. guest: we have heard about the talks between president obama and john boehner. a grand deal that would include some changes to social security, medicare, cuts in defense spending potentially as well. talking $4 trillion -- we are talking $4 trillion in 10 years. they have to come back in 2013 and talked about changes to social security, medicare and address the debt ceiling. host: we have some comments from our facebook page. they reflect the frustration we are seeing. guest: after the election, we heard the president and top republicans say the election is behind us and we can get down to do in the country's business. they both pledged by partisanship. that evaporated within days. everyone is back in their corner blaming the other side and not making much progress at all. business is retrenching. families are holding back on spending. host: why is compromise so difficult? guest: the with the primary system works has carved out the bit.e kila little they get blown back much more quick
host: any deal is likely to be limited. guest: we have heard about the talks between president obama and john boehner. a grand deal that would include some changes to social security, medicare, cuts in defense spending potentially as well. talking $4 trillion -- we are talking $4 trillion in 10 years. they have to come back in 2013 and talked about changes to social security, medicare and address the debt ceiling. host: we have some comments from our facebook page. they reflect the frustration...
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Dec 30, 2012
12/12
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the deal they are talking about is identical to the deal president obama talked about the day after the election. the time in between has been wasted. guest: maybe they will be voting on a package academical -- the frustration is in your voice. i had a number of wall street clients. i can tell you from talking to them that there was a qualitative change in their tone and in their attitude about what was happening. host: you work as a financial communications and national director. that is with corvis communications. guest: thank you for mentioning that. clients of thought there was something going to happen. that has changed. my only question is, what took them so long? the signs have been there all year that a deal at the end of the year would be more difficult. host: while we're talking about what we do, explain what the concord coalition is. guest: we are nonpartisan coalition educating the public about this responsibility and our fiscal challenges. guest: if we go over the cliff, it is not the end of the discussion. it is important that people not lose hope or assume that what happe
the deal they are talking about is identical to the deal president obama talked about the day after the election. the time in between has been wasted. guest: maybe they will be voting on a package academical -- the frustration is in your voice. i had a number of wall street clients. i can tell you from talking to them that there was a qualitative change in their tone and in their attitude about what was happening. host: you work as a financial communications and national director. that is with...
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Dec 28, 2012
12/12
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it may be too late for a deal. there are just four days left before the fiscal cliff deadline. >> i have to be honest mr. president, i don't know timewise how it can happen now.((?u >> reporter: harry reid lashed out at house speaker bane area out at house speaker bane area caution him ofrm" dictatorship. >> boehner seems to care more about keeping his speakership than keeping the nation on firm financial footing. >> reporter: republicans blame democrats. >> republicans aren't about to write a blank cheque or anything senate democrats put forward just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> reporter: president obama flew home early from his speaker boehner call the house back into town for an unusual sunday session. members of congress understand the 11th hour actions may not be enough to appease the public. >> the american people have a right to be very upset with this congress. >> reporter: the fiscal cliff would bring massive increases and deep spendi
it may be too late for a deal. there are just four days left before the fiscal cliff deadline. >> i have to be honest mr. president, i don't know timewise how it can happen now.((?u >> reporter: harry reid lashed out at house speaker bane area out at house speaker bane area caution him ofrm" dictatorship. >> boehner seems to care more about keeping his speakership than keeping the nation on firm financial footing. >> reporter: republicans blame democrats. >>...
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Dec 28, 2012
12/12
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the other important story tonight, president obama met with the four congressional leaders this afternoon just a few minutes away. steve handlesman has more. >> after the meeting, he called the president was optimistic and insistent, optimistic there can be a deal that will keep most americans' taxes from going up. here's the president gist now in the white house briefing room. >> i just had a good and constructive discussion here at the white house with start and house leadership about how to prevent this tax hike on the middle class. i'm optimistic we may still be able to reach an agreement that can pass both houses in time. senators reid and mcconnell are working on such an agreement as we speak. but if an agreement isn't reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an up-or-down vote. one that protects the middle class from an income class hike. one that extends it to 2 million americans looking for a job and lays the groundwork for more economic growth and debt reduction. >> that leads to the insis
the other important story tonight, president obama met with the four congressional leaders this afternoon just a few minutes away. steve handlesman has more. >> after the meeting, he called the president was optimistic and insistent, optimistic there can be a deal that will keep most americans' taxes from going up. here's the president gist now in the white house briefing room. >> i just had a good and constructive discussion here at the white house with start and house leadership...
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Dec 23, 2012
12/12
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. >> president obama for his part said he is optimistic a deal can still be reached. he spoke at the white house friday before leaving for hawaii where he is now. but at the same time the president acknowledging there might not be time for any kind of a grand bargain. he scaled back his goals and pushing not for the big deal, but for middle class tax cut and extended benefits. a larger deal wouldn't be that hard to reach. >> what we ought to do is take speaker boehner's last offer, the president's last offer and split the difference. that would be a package of about $2.6 trillion. you couple that with the 1.1 trillion that will be done. that would be close to the $4 trillion needed to stabilize the debt and to begin to bring it down. >> and if no action is taken by the end of the year taxes go up for everybody. back to you, eric. >> we have to see. the clock is ticking. >> tick, tick, tick. more on the fiscal cliff negotiations. i am joined by congressman peter king from new york who is involved. congressman, great to have you here. >> great to be here. >> happy holid
. >> president obama for his part said he is optimistic a deal can still be reached. he spoke at the white house friday before leaving for hawaii where he is now. but at the same time the president acknowledging there might not be time for any kind of a grand bargain. he scaled back his goals and pushing not for the big deal, but for middle class tax cut and extended benefits. a larger deal wouldn't be that hard to reach. >> what we ought to do is take speaker boehner's last offer,...
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Dec 28, 2012
12/12
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president obama meeting with the leaders at the white house. misreporting going on that the president had a new deal, looked like progress was made. no. the president had the same deal that republicans walked away from about a week ago, if you call it a deal, the deal is that he won't tax people higher above the 400,000 mark. shibani: the meeting still going on, rich edson live at the white house with the latest details. what do we know now, rich? >> what we got from an administration official, that president obama offered what he detailed in the speech a week ago keeping tax rates where they are for families earning less than $250,000 a year, extending long term unemployment insurance policy, and that bit of detail he gave a week ago in a speech is basically derived from the larger deficit proposal offered over, really, the last couple years as president of the united states. we're waiting whether or not in the meeting, lasting an hour at the white house, started at 3:10, is whether or not they made progress towards changing that proposal in a
president obama meeting with the leaders at the white house. misreporting going on that the president had a new deal, looked like progress was made. no. the president had the same deal that republicans walked away from about a week ago, if you call it a deal, the deal is that he won't tax people higher above the 400,000 mark. shibani: the meeting still going on, rich edson live at the white house with the latest details. what do we know now, rich? >> what we got from an administration...
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Dec 28, 2012
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president obama will be meeting with congressional leaders later today. danielle leigh joins us. >> that meeting in many ways a last opportunity for the president and congressional leaders to reach a deal and get something done before this year is over. if this meeting is unsuccessful it could seal this country's fate, as some developments yesterday. house members no longer on stand by. ready to come back sunday. to take a vote. when these tax cuts expire just about every worker is going to see their paycheck reduced. it's going to eliminate unemployment extensions and initiate spending cuts across the board. >> how will people see this in their paychecks and in their taxes? >> workers will feel it immediately in their paychecks. those paychecks will be reduced. those making 40,000, 50,000 are going to see 1700 less a year. it continues as the wages increase. so people are going to feel this in their pocketbooks. >> all right, danielle, thank you. >>> last night on the rachel maddow show, debbie stab nau talked about the looming fiscal cliff. >> i'm not s
president obama will be meeting with congressional leaders later today. danielle leigh joins us. >> that meeting in many ways a last opportunity for the president and congressional leaders to reach a deal and get something done before this year is over. if this meeting is unsuccessful it could seal this country's fate, as some developments yesterday. house members no longer on stand by. ready to come back sunday. to take a vote. when these tax cuts expire just about every worker is going...
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Dec 30, 2012
12/12
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CNNW
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friday though, president obama said that he was optimistic that the two sides could reach a deal. this morning, he sounded less positive though. >> if, you know, if people start seeing that on january 1st, this problem still has not been solved, that we haven't seen the kind of deficit reduction that we could have had, had the republicans been willing to take the deal they gave them, and if they say that people's taxes have gone up which means consumer spending will go down. >> and keep in mind that the senate is the first hurdle. any deal has to pass the house. we are not into the senate yet and the republican speaker john boehner plablamed the crisis one president saying he the one who has never found a way to say yes. >> so you are in new york and i'm in atlanta, and we get to washington now, because the senior congressional correspondent dana bash is closely following the negotiations from capitol hill, and dana, you have been there and talking to people, and where are we on this? >> well, the senate majority leader harry reid was on the floor moments ago saying that the senat
friday though, president obama said that he was optimistic that the two sides could reach a deal. this morning, he sounded less positive though. >> if, you know, if people start seeing that on january 1st, this problem still has not been solved, that we haven't seen the kind of deficit reduction that we could have had, had the republicans been willing to take the deal they gave them, and if they say that people's taxes have gone up which means consumer spending will go down. >> and...
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Dec 27, 2012
12/12
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." >> president obama cut short his holiday to try and reach a budget deal with republican opponents before the end of the year physical cliff deadline. >> anytime the speaker and republican leader come to the president and say we have a deal for you, the president's door is always open. >> told people reported dead from the storm to in the midwest. the son of pakistan paulson murdered a former prime minister benazir bhutto that pledges to fight to maintain democracy. welcome to "bbc world news." welcome to "bbc world news."
." >> president obama cut short his holiday to try and reach a budget deal with republican opponents before the end of the year physical cliff deadline. >> anytime the speaker and republican leader come to the president and say we have a deal for you, the president's door is always open. >> told people reported dead from the storm to in the midwest. the son of pakistan paulson murdered a former prime minister benazir bhutto that pledges to fight to maintain democracy....
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Dec 31, 2012
12/12
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FOXNEWSW
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let's turn now to the white house, president obama putting pressure on the lawmakers to make a deal. talking about the fiscal cliff in a television interview. he put much of the blame on the shoulders of republicans if no deal is reached, the g.o.p. firing back saying the president should lead right now not cast blame. chief white house correspondent ed henry is live from the white house, ed? >> you're right, republicans were frustrated by the president going on the sunday talk show today in the middle of all of these negotiations, he's not been on one of these programs since 2009, over years ago. he felt like though it was important to get his message out there and you're right, that he was pounding that same message again and again, if we go off the fiscal cliff, he believes the onus is on the republicans for not meeting him halfway. take a listen. >> not because democrats and congress don't want to go ahead and cooperate, but because i think it's been very hard for speaker boehner and republican leader mcconnell to accept the fact that taxes on the wealthiest americans should go u
let's turn now to the white house, president obama putting pressure on the lawmakers to make a deal. talking about the fiscal cliff in a television interview. he put much of the blame on the shoulders of republicans if no deal is reached, the g.o.p. firing back saying the president should lead right now not cast blame. chief white house correspondent ed henry is live from the white house, ed? >> you're right, republicans were frustrated by the president going on the sunday talk show today...
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Dec 28, 2012
12/12
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on obama care. there's no way these guys are going to come to a deal, and the reason is this. the president has got the upper hand, and his most important partner is the weakest person in this, which is john boehner. john boehner is on the verge of losing credibility with his caucus. he can't take a deal to his caucus that will pass without the help of nancy pelosi, which will pull the entire deal to the left. so what they have to do is they have to go over the cliff. we're just talking about politics, we're not talking about finances here. they have to go over the cliff. that strengthens boehner's hands because now everybody is paying a hell of a lot more taxes and people are blaming the republicans, and now boehner can go to the caucus and maybe get 200 and a few votes and then with nancy pelosi pick off a few democrats and make some kind of deal. having said that, the best thing for the country is never to come to a deal because ed rendell is right. as a former governor, we don't operate with big
on obama care. there's no way these guys are going to come to a deal, and the reason is this. the president has got the upper hand, and his most important partner is the weakest person in this, which is john boehner. john boehner is on the verge of losing credibility with his caucus. he can't take a deal to his caucus that will pass without the help of nancy pelosi, which will pull the entire deal to the left. so what they have to do is they have to go over the cliff. we're just talking about...
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Dec 23, 2012
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>> i think it saved obama from himself. the deal he was offering to bear, to raise taxes on people making $400,000 was a really bad one, right? now we get to come back to a new congress. you know, what he needs to find is get the house democratic caucus in line and pick up 20 republican votes in the house. 17 republican votes in the house. that's the coalition that is going to pass something. going off the cliff, i think, is going to be the best thing. >> you set up perfectly what we want to bring up next. you brought up social security and the compromise the president was going to make. a lot of folks saying he shouldn't have done that. social security is at risk some democrats say. people are afraid the president is willing to cave. [ male announcer ] research suggests cell health plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. who have used androgel 1%, there's big news. p
>> i think it saved obama from himself. the deal he was offering to bear, to raise taxes on people making $400,000 was a really bad one, right? now we get to come back to a new congress. you know, what he needs to find is get the house democratic caucus in line and pick up 20 republican votes in the house. 17 republican votes in the house. that's the coalition that is going to pass something. going off the cliff, i think, is going to be the best thing. >> you set up perfectly what...
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Dec 30, 2012
12/12
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FBC
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modestly optimistic, that is, that a deal can be done. here is the president. >> i still want to get thi done. it's the right thing to do for our families and our businesses and for our entire economy. but for iediate action comedy hour is here. it is now. we are now at the point where in just four days, every american's tax rates are scheduled to go up by law. every american paycheck will get considerably smaller. that would be the wrong thing to do. gerri: no kidding. we have been telling you that for weeks. democrats and republicans alike should rename their parties the procrastination party. that is because like a lot of college freshman, they left their work until the last minute. including the 800 billion-dollar fiscal cliff that we have been talking about. a hundred billion dollars it hasn't happened yt. it's not like the deadline comes as a surprise to anybody at all, the least of all congress. they were the ones who extended the bush tax cuts. originally passed back in 20,122,010 and 2012. for two years now, they have known the i
modestly optimistic, that is, that a deal can be done. here is the president. >> i still want to get thi done. it's the right thing to do for our families and our businesses and for our entire economy. but for iediate action comedy hour is here. it is now. we are now at the point where in just four days, every american's tax rates are scheduled to go up by law. every american paycheck will get considerably smaller. that would be the wrong thing to do. gerri: no kidding. we have been...
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Dec 28, 2012
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republicans, if you look at the polls are in the 20s right now, president obama is sitting in the mid 50s on the fiscal cliff. they don't want to give up things. they don't want to give up cuts to medicare or social security in order to get a deal that may not be best for them. if you look at game theory, you know, economic and political game theory, if all the players understand the strategies of the other players and act rationally, sometimes they won't move off the strategy that they are on. >> should americans have optimist about this 3:00 meeting this afternoon at the white house or basically it's humpty-dumpty, we're going off the wall, we're going to break, but we can be put back together. >> it doesn't mean they won't get an agreement on the phone, but i don't remember any high-plo file white house meeting producing anything other than leaked stories about how one leader told the other leader how tough he is and how weak the other guy is. these are, generally speaking made for optics, so we talk about it. >>> jonathan allen, great to see you, thank for your time. >> my pleasur
republicans, if you look at the polls are in the 20s right now, president obama is sitting in the mid 50s on the fiscal cliff. they don't want to give up things. they don't want to give up cuts to medicare or social security in order to get a deal that may not be best for them. if you look at game theory, you know, economic and political game theory, if all the players understand the strategies of the other players and act rationally, sometimes they won't move off the strategy that they are on....
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Dec 28, 2012
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at the same time, when you ask the question, maybe it's better -- it's a bad deal worse than no deal? president obama keeps talking about half a trillion in cuts, over ten years, we're doing that every five months when it comes to the deficit. $100 billion more person month that we spend over what we take in. you have to have bigger cuts on the table to get republicans to come along. >> we're only paying for 40% of what we spend today. it's interesting to see and what the futures are doing right now. very thinly traded at this hour on a friday evening it would be interesting to see and what they signal in terms of where we stand, now that we've heard from the president and some sort of modest optimism from both leader reid and minority leader mitch mcconnell. >> tyler, we want to go back to eamon javers. >> you just said when will we hear now from the president again? nbc news is tweeting that barack obama will appear as a guest on "meet the press" this weekend. when we will hear from the president again will be sunday morning. something to watch out for over the weekend. presumably,
at the same time, when you ask the question, maybe it's better -- it's a bad deal worse than no deal? president obama keeps talking about half a trillion in cuts, over ten years, we're doing that every five months when it comes to the deficit. $100 billion more person month that we spend over what we take in. you have to have bigger cuts on the table to get republicans to come along. >> we're only paying for 40% of what we spend today. it's interesting to see and what the futures are...
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Dec 29, 2012
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they are 1 hers apart from this whole deal. the problem is they are not putting spending cuts on the table. what they're doing is putting proposed possible cuts but the stimulus spending they are putting on the table also offsets that tax increase that he wants. still looking at trillion-dollar deficit. that just goes to show spending cuts. right now we don't have them. talks about them and there is accounting fuzzy math going on but there is not any serious entitlement reform. we can't just wait and talk about that in january. needs to be included in any package before we go forward. >> you know, juan, the point she is making when we talk about spending cuts. basically a guy pulling the olives off a meat lover's pizza and saying he is on a diet. something so incidental and ignoring this huge huge problem this black hole that is spending. it's true. we are going nowhere. >> no, i disagree. you know what? >> you like picking the olives off. that's you and spending cuts. >> not only that i like it when the an chofs because then g
they are 1 hers apart from this whole deal. the problem is they are not putting spending cuts on the table. what they're doing is putting proposed possible cuts but the stimulus spending they are putting on the table also offsets that tax increase that he wants. still looking at trillion-dollar deficit. that just goes to show spending cuts. right now we don't have them. talks about them and there is accounting fuzzy math going on but there is not any serious entitlement reform. we can't just...
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Dec 28, 2012
12/12
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WBAL
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three more days and then tax hikes on everyone, automatic spending cuts, and no deal reported. the two parties are talking again at least. steve has the latest from capitol hill. >> sources are capitol hill say president obama in today's talks feels he has the advantage back and that he will press on his original demand that income taxes rise on earnings over $250,000. it's a positive sign, the first meeting since mid november the four congressional leaders at the white house. called by president obama, house speaker john boehner is a key figure. >> the fact that he has come back to me says that they cannot come up with some kind of agreement. -- that they can come up with an agreement. >> both sides want to avoid middle-class tax cuts. the hang up is the tax hikes on the rich. those making over $250,000 in the obama reposal or $400,000, a level that mitch mcconnell reportedly said he might be able to sel? republicans won the debate shifted. >> the talk about taxes, but what it should be about is what we want to talk about today -- the medicare fiscal cliff. >> no date to cut a
three more days and then tax hikes on everyone, automatic spending cuts, and no deal reported. the two parties are talking again at least. steve has the latest from capitol hill. >> sources are capitol hill say president obama in today's talks feels he has the advantage back and that he will press on his original demand that income taxes rise on earnings over $250,000. it's a positive sign, the first meeting since mid november the four congressional leaders at the white house. called by...
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Dec 24, 2012
12/12
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president obama said i will accept a smaller deal as long as it doesn't allow rates for those to go up for those making $250,000 or less. over the weekend you had a few senators, including senator joe lieberman saying they believe now more than ever we may be getting closer to actually going over the fiscal cliff. that is of course hanging over the heads of a lot of americans as they enter this holiday season and also looming over this vacation the president is having. i'll give you a little sense of what president obama has been up to in hawaii. on saturday he played a round of golf with some of his closest friends and advisers and later in the day he went to dinner with the first lady and friends and on saturday he attended a memorial service for the late senator daniel inouye. in the past years the president and first lady have often around christmas taken time to visit with the troops. that is something that is certainly a possibility this year and of course just spending some quality time together. >> and no doubt hitting some of their favorite eateries like the rainbow cafe and g
president obama said i will accept a smaller deal as long as it doesn't allow rates for those to go up for those making $250,000 or less. over the weekend you had a few senators, including senator joe lieberman saying they believe now more than ever we may be getting closer to actually going over the fiscal cliff. that is of course hanging over the heads of a lot of americans as they enter this holiday season and also looming over this vacation the president is having. i'll give you a little...
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Dec 29, 2012
12/12
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president obama said after the meeting that he is modestly optimistic a deal can be reached, but as you can hear from senator reid, the president asked that if a deal between republicans and democrats cannot be reached, then the president wants just an up or down vote on what he wants, which is quite simply no income tax rates going up for people making $250,000 and under. and an extension of long-term unemployment benefits. and that's of course for the long-term unemployed as well as what's known as a dock fix which has to do with medicare payments to doctors. that's where we are. we don't expect anything big in the next 24 hours, but this is after all washington. so stay tuned right now, it's time for piers morgan tonight. >> tonight, tyler perry is a successful writer, director, actor. >> she told me you're the best interviewer in the world, so i'm worried. he is also an entrepreneur, with his own movie studio >> his movies have grossed over $600 million. >> it means i get to reinvest in what i do and i'm able to hire a lot more people. >> and he knows how to wear a dress. have you e
president obama said after the meeting that he is modestly optimistic a deal can be reached, but as you can hear from senator reid, the president asked that if a deal between republicans and democrats cannot be reached, then the president wants just an up or down vote on what he wants, which is quite simply no income tax rates going up for people making $250,000 and under. and an extension of long-term unemployment benefits. and that's of course for the long-term unemployed as well as what's...
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Dec 26, 2012
12/12
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CNNW
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can he cut a deal with republicans. >>> and david gregory may be in trouble of the law because of that ammo thing he has on his anchor desk. [ male announcer ] the more you lose, the more you lose, because for every two pounds you lose through diet and exercise, alli can help you lose one more by blocking some of the fat you eat. let's fight fat with alli. ♪ ♪ you make me happy when skies are gray ♪ [ female announcer ] you know exactly what it takes to make them feel better. ♪ you make me happy [ female announcer ] that's why you choose children's tylenol. the same brand your mom trusted for you when you were young. ♪ how much i love you [ humming ] [ female announcer ] children's tylenol, the #1 brand of pain and fever relief recommended by pediatricians and used by moms decade after decade. [ humming ] by the armful? by the barrelful? the carful? how about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. >>> the president heading back to d.c. from hawaii to try to keep america
can he cut a deal with republicans. >>> and david gregory may be in trouble of the law because of that ammo thing he has on his anchor desk. [ male announcer ] the more you lose, the more you lose, because for every two pounds you lose through diet and exercise, alli can help you lose one more by blocking some of the fat you eat. let's fight fat with alli. ♪ ♪ you make me happy when skies are gray ♪ [ female announcer ] you know exactly what it takes to make them feel better. ♪...
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Dec 28, 2012
12/12
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WTTG
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. >>> negotiations are underway to reach a deal. president obama and congressional leaders just wrapped up a meeting at the white house. we stand right now at three days and counting until that new year's deadline when taxes would go up for all u.s. taxpayers and steep spending cuts would kick in across the board. nicole collins has the latest. >> reporter: john boehner back in washington immediately heading to the white house, which brought the president and congressional leaders together the first time since november, but it's unclear if it brought the country closer to avoiding the fiscal cliff. >> when the president calls congressional leaders to the white house, it's all political theatre or they have a deal. not that it's all political theatre. >> this is not for show but a last-ditch effort by the president to bring congressional leader together to try to get a small package at least, a small deal together before the new year. >> reporter: the president called the meeting as lawmakers pointed fingers in this high- stakes game
. >>> negotiations are underway to reach a deal. president obama and congressional leaders just wrapped up a meeting at the white house. we stand right now at three days and counting until that new year's deadline when taxes would go up for all u.s. taxpayers and steep spending cuts would kick in across the board. nicole collins has the latest. >> reporter: john boehner back in washington immediately heading to the white house, which brought the president and congressional...
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Dec 26, 2012
12/12
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and president obama has cut his vacation one day short and heading back today. does it still look doable? >> there is hope for a deal but confidence in that grand bargain has already but disappeared. >> reporter: americans are already taking a hard look at their wallets as confidence in the fiscal cliff diminishes. >> i don't think there is a grand bargain but hope a deal will be cut. >> reporter: if congress doesn't change tax cuts in day, middle income earners will owe extra by the end of the year and they will cut back on auto industry, apparel and entertainment. >> once they cut back on that, that will be dramatic. >> reporter: retailers support 1 in 4 american jobs and if the downturn intensifies, those jobs are at risk. >> if retailers stop creating jobs, the economy as a whole stops creating jobs. >> reporter: the weight is excruciating for some and president obama left them $200 billion apart. >> the president was $200 billion higher on revenues and speaker boehner, $200 billion higher on spending cuts. >> if you get 80% of what you want, that's a pretty
and president obama has cut his vacation one day short and heading back today. does it still look doable? >> there is hope for a deal but confidence in that grand bargain has already but disappeared. >> reporter: americans are already taking a hard look at their wallets as confidence in the fiscal cliff diminishes. >> i don't think there is a grand bargain but hope a deal will be cut. >> reporter: if congress doesn't change tax cuts in day, middle income earners will owe...
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Dec 29, 2012
12/12
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did president obama say either you come up with a deal or put my deal to a vote? because we're not going to come together ideologically at that meeting. >> no. and they're not unrealistic about that. the president lays out what he thinks he can get done, which is this 250 and, you know, whether there's wiggle room up to 400 and now that might not even happen, maybe, is what kevin is saying. and then unemployment benefits, an extension of that, and, you know, patch the amt. these are things he wants. and, you know, senator mcconnell, what can you do is, you know, the understanding of how this plays out. and senator mcconnell -- you know, they say, listen, we're going to take it up between us. let senators reid and mcconnell really resolve this together. and those are, as i said, two men who know how to work things out. speaker boehner stepping out of it at this point because he has not been able to produce a deal to date and it's not on his shoulders. and nancy pelosi is the one who's going to have to car ray lot of this weight if it gets anywhere in the house beca
did president obama say either you come up with a deal or put my deal to a vote? because we're not going to come together ideologically at that meeting. >> no. and they're not unrealistic about that. the president lays out what he thinks he can get done, which is this 250 and, you know, whether there's wiggle room up to 400 and now that might not even happen, maybe, is what kevin is saying. and then unemployment benefits, an extension of that, and, you know, patch the amt. these are...
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Dec 26, 2012
12/12
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christmas break is already over for president obama. he's flying back to washington tonight and aides say he's ready for a deal. it's not clear whether this trip is a sign of compromises to come or another display of theater showing the president is willing to work even as his opponents skip town. meanwhile, though, americans are growing skeptical. in the last week alone, gallup found a 15-point drop in the number of americans who think congress will negotiate a deal on the fiscal cliff. that's not all, holiday spending also hit its lowest rate since the 2008 recession, which retailers are blaming on the uncertainty in washington. so where do we go from here? well, since the house failed to get a vote on the tax package last week, all eyes are on the senate. a temporary deal that would basically extend all the tax cuts for those making under a quarter million. the deal would also rescue long-term unemployment benefits and instead of addressing those automatic spending cuts we've all heard about that are set for january 1st, this tempora
christmas break is already over for president obama. he's flying back to washington tonight and aides say he's ready for a deal. it's not clear whether this trip is a sign of compromises to come or another display of theater showing the president is willing to work even as his opponents skip town. meanwhile, though, americans are growing skeptical. in the last week alone, gallup found a 15-point drop in the number of americans who think congress will negotiate a deal on the fiscal cliff. that's...
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Dec 28, 2012
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the last chance for a deal might be today at 3:00. president obama has scheduled a meeting in the oval office with vice president biden by his side. he's hosting all the major players. the chances of success, depends on who you talk to. >> getting more optimistic. sometimes it's darkest before the dawn. >> this afternoons meetings feels much like optics. >> there are some signs of possible flexibility, but first of all it would be helpful if the house of representatives actually came back. right now we're at a stalemate, because the democrats haven't been willing to consider the issue of spending. >> i want to bring in perry bacon and it edward keith. most of that was just from today. is this meeting to hash out details or perhaps to save face bhf we go over the cliff? >> i would argue today's meeting is they actually thing the outlines of a deal are possible. the president will push today for some agreement in which the middle-class tax cuts are extended for everyone, while the higher rates go up, we also put off the rest of the deta
the last chance for a deal might be today at 3:00. president obama has scheduled a meeting in the oval office with vice president biden by his side. he's hosting all the major players. the chances of success, depends on who you talk to. >> getting more optimistic. sometimes it's darkest before the dawn. >> this afternoons meetings feels much like optics. >> there are some signs of possible flexibility, but first of all it would be helpful if the house of representatives...
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Dec 22, 2012
12/12
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president obama is in hawaii, members of congress are moment for the holidays. any chance they get a fiscal cliff deal done before the end of the year and then, one congressman who said this week, he is willing to lose his seat to support stricter gun control, he is going to join us after the break. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair could help improve
president obama is in hawaii, members of congress are moment for the holidays. any chance they get a fiscal cliff deal done before the end of the year and then, one congressman who said this week, he is willing to lose his seat to support stricter gun control, he is going to join us after the break. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd...
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Dec 28, 2012
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can they make a deal or can they do their jobs or is this just more political drama? >> we want an agreement. >> the count down is midnight. the start of a new year. >> we are going over the cliff because frankly i believe it's what the president wants. >> the american people are waiting for the ball to drop, but it's not going to be a good drop. >> but we have no takers. >> every republican, every democrat ought to be here. >> the phone never raining. >> they should negotiate a plan. they shouldn't have the mine are in plan, they should have the biglan. >> here we are five days from the new year, and we might finally start talking. >> the republicans are sitting there with a nuclear weapon. they have the debt ceiling coming up. they can use that as part of this negotiation. >> what is going on here? >> the president called me and probably called others last night. my impression is he would like to see if we can move forward. >> you can't legislate with yourself. >> the breaking news of the moment is that the house republican leadership is calling its members back for
can they make a deal or can they do their jobs or is this just more political drama? >> we want an agreement. >> the count down is midnight. the start of a new year. >> we are going over the cliff because frankly i believe it's what the president wants. >> the american people are waiting for the ball to drop, but it's not going to be a good drop. >> but we have no takers. >> every republican, every democrat ought to be here. >> the phone never raining....
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Dec 23, 2012
12/12
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care dealing with birth control coverage. one of our most clipped stories online. peter doocy s standing by with more on that. peter? >> the law would are required insurers to exclude birth control coverage from those who moreally object to it. a federal judge ruled it would directly conflict with the obama administration contraception mandate essentially putting insurance companies between a rock and a hard place because they can't comply with conflicting state and federal laws at the same time. the judge gave preference to the federal law. thlaw. the cia issued a rare public statement warning people not to take the movie dark po seriously. they acknowledge the agency worked with film producers but said the agency had no influence over the final film. >>> it has been 50 years but jill jones refuses to give up the search for her big brother. federal and local authorities are asking for h help getting new leads in the cold case that now spans three generations of investigators. three-year-old william jones vanished in 1962 whi
care dealing with birth control coverage. one of our most clipped stories online. peter doocy s standing by with more on that. peter? >> the law would are required insurers to exclude birth control coverage from those who moreally object to it. a federal judge ruled it would directly conflict with the obama administration contraception mandate essentially putting insurance companies between a rock and a hard place because they can't comply with conflicting state and federal laws at the...
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Dec 28, 2012
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right now to do a deal? >> reporter: that is the suspicion that's shared by a lot of republicans taking it, steve, as almost an article of faith of three weeks, a month, that the president actually wants to go over the cliff and i'm not sure if that's true. i have no way of knowing if that's true. i kind of doubt it. if you look at it, the republicans lose a lot of leverage. they have painted themselves in to this corner. there's no denying that fact. john boehner obviously we know what happened last week. sifting through the wreckage of the plan "b." gone back to plan "a," a bill passed by the congress and extending tax cuts for everyone and sent to the senate. they don't expect the senate to take that. use that as a legislative vehicle and what's today? saturday. new year's eve is -- sorry. today's friday. too much holiday cheer. but come on. i mean -- >> he will be working the weekend. >> reporter: i am. oh my god. i don't want to get started on that. but anyway, you know, there's a lot at stake here. and
right now to do a deal? >> reporter: that is the suspicion that's shared by a lot of republicans taking it, steve, as almost an article of faith of three weeks, a month, that the president actually wants to go over the cliff and i'm not sure if that's true. i have no way of knowing if that's true. i kind of doubt it. if you look at it, the republicans lose a lot of leverage. they have painted themselves in to this corner. there's no denying that fact. john boehner obviously we know what...
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Dec 23, 2012
12/12
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obama's latest deal is to extend all tax cuts for everyone under $250,000 and extend for two million people the unemployment benefits and put on hold sequestration for $110 billion in spending cuts but harry reid will put that on the table for a vote, so it is up to speaker boehner to put it up for a vote in the house of representatives and won't he have all the democrats and enough moderates? >> not so quick. there is another fly in that ointment. the spot demanding the debt creating vote, they raise the debt ceiling. that will b part of this. there is no way the democrats will have a proposition that the president will design that does not include giving power on the debt ceiling and i am back to the point that the republicans should have made debt an issue a long time ago. they will never go along with it. they should have brought to. we said this on this program. >> let me say something politically. if obama thinks the republicans are going to get all the blame for going over the cliff, they will get a lot of the blame. >>gregg: he will, too. >> more than he realized. he is suppo
obama's latest deal is to extend all tax cuts for everyone under $250,000 and extend for two million people the unemployment benefits and put on hold sequestration for $110 billion in spending cuts but harry reid will put that on the table for a vote, so it is up to speaker boehner to put it up for a vote in the house of representatives and won't he have all the democrats and enough moderates? >> not so quick. there is another fly in that ointment. the spot demanding the debt creating...
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Dec 30, 2012
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yesterday afternoon, in an exclusive interview, president obama sat down with me in the blue room of the white house. to discuss the way forward and his priorities for a second term. >> mr. president, welcome back to "meet the press." >> great to be here, thank you. >> the obvious question -- are we going over the fiscal cliff? >> well, i think we're going to find out in the next 48 hours what congress decides to do. but i think it's important for the american people to understand exactly what this fiscal cliff is. because it's actually not that complicated. the tax cuts that were introduced in 2001, 2003, 2010, those were extended and they're all about to expire at the end of the year. so on midnight, december 31st, if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in income. for the entire economy, that means consumers have a lot less money to make purchases, which means businesses are going to have a lot less customers, which means that they're less likely to hire and the whole economy could slow down at a time when
yesterday afternoon, in an exclusive interview, president obama sat down with me in the blue room of the white house. to discuss the way forward and his priorities for a second term. >> mr. president, welcome back to "meet the press." >> great to be here, thank you. >> the obvious question -- are we going over the fiscal cliff? >> well, i think we're going to find out in the next 48 hours what congress decides to do. but i think it's important for the american...
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Dec 30, 2012
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you see your leaders not the deal they are talking about is identical to the deal president obama talked about the day after the election. the time in between has been wasted. guest: maybe they will be voting on a package academical -- the frustration is in your voice. i had a number of wall street clients. i can tell you from talking to them that there was a qualitative change in their tone and in their attitude about what was happening. host: you work as a financial communications and national director. that is with corvis communications. guest: thank you for mentioning that. clients of thought there was something going to happen. that has changed. my only question is, what took them so long? the signs have been there all year that a deal at the end of the year would be more difficult. host: while we're talking about what we do, explain what the concord coalition is. guest: we are nonpartisan coalition educating the public about this responsibility and our fiscal challenges. guest: if we go over the cliff, it is not the end of the discussion. it is important that people not lose hope o
you see your leaders not the deal they are talking about is identical to the deal president obama talked about the day after the election. the time in between has been wasted. guest: maybe they will be voting on a package academical -- the frustration is in your voice. i had a number of wall street clients. i can tell you from talking to them that there was a qualitative change in their tone and in their attitude about what was happening. host: you work as a financial communications and...
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Dec 28, 2012
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so obama -- as the one guy in this town that wants a deal more than anyone. on the other hand, he's probably the guy that purely political benefits the most after january 3rd satisfy in a stronger negotiating position. he'll also have, remember, a few more democrats in the house and in the senate. so the white house will be strengthened after this happens. but a lot of people in the white house and treasury department don't want that to happen because they think the markets may freak out. already the markets are reacting to the news within the last hour. yesterday the markets dipped a little bit on reid's comments in the senate. so they are worried about the economy. i think purely politically, obama will be strengthened once we go over. >> ryan lizza, thank very much. it's going to be an interesting couple of days. >> yeah, it sure is. >> thanks, ryan. >>> weapons of war on the streets of los angeles. details of a shocking find in a gun buyback program. [ sniffs ] i have a cold. [ sniffs ] i took dayquil but my nose is still runny. [ male announcer ] truth i
so obama -- as the one guy in this town that wants a deal more than anyone. on the other hand, he's probably the guy that purely political benefits the most after january 3rd satisfy in a stronger negotiating position. he'll also have, remember, a few more democrats in the house and in the senate. so the white house will be strengthened after this happens. but a lot of people in the white house and treasury department don't want that to happen because they think the markets may freak out....
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Dec 27, 2012
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she's appointed to president obama's national commission on fiscal responsibility and reform. and she's currently a senior fellow at the brookings institution. thank you for being here tonight. >> happy to be here. >> you know much more about this than i do. you heard the intro, is there anything you want to add or correct anyway you see the fiscal cliff that you think people should know about? >> i thought your five points were good ones, especially the one about austerity, what we're talking about now is doing something really stupid as you said, and letting the wrong policies go into effect. too much deficit reduction, too quickly, and we could push the economy into a recession. that's just dumb. >> it is very dumb. now, you've been in many, many, many of these negotiations? you've been in the backrooms of a lot of the ongoing negotiations, now, do you think they have any chance of getting a deal before the first of the year? >> i'm always hopeful, but i'm less hopeful as every day passes. the problem is the rhetoric that's flying back and forth between republicans and demo
she's appointed to president obama's national commission on fiscal responsibility and reform. and she's currently a senior fellow at the brookings institution. thank you for being here tonight. >> happy to be here. >> you know much more about this than i do. you heard the intro, is there anything you want to add or correct anyway you see the fiscal cliff that you think people should know about? >> i thought your five points were good ones, especially the one about austerity,...
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Dec 29, 2012
12/12
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president obama says he's "modestly optimistic" a fiscal deal can be reached in time. he said he's instructed senator harry reid and senator mitch mcconnell to come up with a plan that can pass in congress. his brief comments a short while ago came after a it
president obama says he's "modestly optimistic" a fiscal deal can be reached in time. he said he's instructed senator harry reid and senator mitch mcconnell to come up with a plan that can pass in congress. his brief comments a short while ago came after a it
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Dec 28, 2012
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. >>> reporter: in what's seen as a last-minute attempt to reach a deal, president obama meets at the white house with senate majority leader harry reid, house minority leader nancy pelosi, senate minority leader mitch mcconnell and house speaker john boehner. they have only four days to reach an agreement or the u.s. economy will go off the so- called "fiscal cliff." that's when automatic spending increases and cuts would take effect. reaching a deal won't be easy because both sides are involved in a high stakes political blame game. >> we are here in washington working while the members of the house of representatives are out watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. >> i told the president we would be happy to look at wah he proposes but the truth is we are coming up against a hard deadline and as i said this is a conversation we should have had months ago. >> reporter: democrats want to extend the bush-era tax cuts to everyone except those americans making $250,000 or more a year. many republicans are again
. >>> reporter: in what's seen as a last-minute attempt to reach a deal, president obama meets at the white house with senate majority leader harry reid, house minority leader nancy pelosi, senate minority leader mitch mcconnell and house speaker john boehner. they have only four days to reach an agreement or the u.s. economy will go off the so- called "fiscal cliff." that's when automatic spending increases and cuts would take effect. reaching a deal won't be easy because...
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Dec 24, 2012
12/12
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president obama as reported is in his native hawaii. before leaving washington, president obama urged congress to pass a mini plan that would preserve middle class tax rates. brianna keilar joins us live from hawaii. what do we think will happen as the holiday week rolls out? >> reporter: well, and don, we should probably say where our senate majority leader harry reid and senator mcconnell, the republican leader in the senate, because now all eyes turn to the senate. they're set to come back to town on the 27th. that is thursday. and at this point there are a number of options for some sort of bill that senate majority leader harry reid could put on the floor, but right now it appears democrats in the white house are pushing for something that still concentrates on making sure that income tax rates for those making a quarter million dollars or less don't go up. that said, it's really hard to see how at that rate senator mcconnell might allow some republican senators to support it or that some republican senators would even want to jump
president obama as reported is in his native hawaii. before leaving washington, president obama urged congress to pass a mini plan that would preserve middle class tax rates. brianna keilar joins us live from hawaii. what do we think will happen as the holiday week rolls out? >> reporter: well, and don, we should probably say where our senate majority leader harry reid and senator mcconnell, the republican leader in the senate, because now all eyes turn to the senate. they're set to come...
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Dec 22, 2012
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we saw president obama acknowledge yesterday before leaving for his vacation that the deal would -- would dramatically narrow. the parameters of a deal, scope of any possible deal, much smaller than we were looking at even a week ago. he said he would still be open to the big deal but the reality is we are running out of days hering and not a lot of progress is being made. quite the opposite. >> david, are republicans actually hoping to go over the fiscal cliff because then any vote on taxes technically would be to cut them and could go forward without saying we cut taxes? >> that's a good point. inning way to look at it. it would probably give some cover to those republicans that seems clear however big a group that is that will not vote to raise tax necessary any way. you heard yesterday's speaker boehner blamed the -- downfall of his own plan b on the idea that, you know, many thought without it raise tax owes those making over $1 million. i think what the problem of going over the cliff, republicans and doing a tax cut, would give up some of the leverage probably enforcing president o
we saw president obama acknowledge yesterday before leaving for his vacation that the deal would -- would dramatically narrow. the parameters of a deal, scope of any possible deal, much smaller than we were looking at even a week ago. he said he would still be open to the big deal but the reality is we are running out of days hering and not a lot of progress is being made. quite the opposite. >> david, are republicans actually hoping to go over the fiscal cliff because then any vote on...
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Dec 28, 2012
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look, barack obama, as best has he can try to square this circle and make it right is dealing with a party that is basically, degenerating him to obama hatred. that is not me, back in 2008 he said and i quote, the republican is less and less like a traditional party. it is more like an cult than anything barack obama he does is the end of the world. >> what do you think is going to happen in the next two days? do you think they will reach an agreement? >> i'm not sure. i hope they do. obama ran on we're not raising taxes. now, income is a weird thing. i mean, look, i can make $250,000 in income as a working person and my taxes will go up. but if i was mitt romney the ex-presidential loser who made $15 million based on -- what is it tax deferred investments then my taxes won't go up a bit. the republican party is not interested in helping this country they are helping a narrow sliver. >> we're going to leave it there. we're going to keep continuing coverage bringing you updates from the white house or the floor of the capitol. we heard from president obama earlier from the white house
look, barack obama, as best has he can try to square this circle and make it right is dealing with a party that is basically, degenerating him to obama hatred. that is not me, back in 2008 he said and i quote, the republican is less and less like a traditional party. it is more like an cult than anything barack obama he does is the end of the world. >> what do you think is going to happen in the next two days? do you think they will reach an agreement? >> i'm not sure. i hope they...
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Dec 30, 2012
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yesterday afternoon in an exclusive interview, president obama sat down with me in the blue room of the white house to discuss the way forward and his priorities for a second term. >>> mr. president, welcome back to "meet the press." >> great to be here. thank you. >> the obvious question, are we going to go over the fiscal cliff? >> we'll find out in the next 48 hours what congress will decide to do. but i think it's important for the american people to understand exactly what this fiscal cliff is. it's actually not that complicated. the tax cuts that were introduced in 2001, 2003, 2010, those were extended, and they are all about to expire at the end of the year. so on midnight december 31, if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in income. for the entire economy, that means consumers have a lot less money to make purchases, which means businesses are going to have a lot less customers, which means that they are less likely to hire, and the whole economy could slow down at a time when the economy is actually s
yesterday afternoon in an exclusive interview, president obama sat down with me in the blue room of the white house to discuss the way forward and his priorities for a second term. >>> mr. president, welcome back to "meet the press." >> great to be here. thank you. >> the obvious question, are we going to go over the fiscal cliff? >> we'll find out in the next 48 hours what congress will decide to do. but i think it's important for the american people to...
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Dec 29, 2012
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that was the whole point of president obama's press conference this afternoon. >> i still want to get this done. it's the right thing to do for our families and our businesses and the entire economy. but the hour for immediate action is here. it is now. >> allow me a quick moment, that press conference came after president obama met with john boehner and nancy pelosi and harry reed and mitch mcconnell and all the kree congressional leaders and listen to the president here. >> the american people are watching what we do here. obviously their patience is already thin. this is deja vu all over again, america wonders why it is, in this town for some reason, you can't get stuff done in an organized timetable. why everything has to wait for the last minute. we are now at the last minute and the american people are not going to have any pabs for a political -- patience for a politically self-inflicted wound right now. i have to repeat, outside of washington, nobody understands how this is a repeat pattern over and over again. ordinary folks, they do their jobs. they meet deadlines. they sit
that was the whole point of president obama's press conference this afternoon. >> i still want to get this done. it's the right thing to do for our families and our businesses and the entire economy. but the hour for immediate action is here. it is now. >> allow me a quick moment, that press conference came after president obama met with john boehner and nancy pelosi and harry reed and mitch mcconnell and all the kree congressional leaders and listen to the president here. >>...
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Dec 28, 2012
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barack obama is a bad word. they don't want any association with them. how much of that do you think is a real issue here and how do you strategize around that to sort of try to -- lift off this label of being intrasigient. >> from the gop side there are a lot of members in congress that say they do not want to support any kind of tax increase at this point. that prefer to go over the cliff and debate it in january. because they know it would harm them come midterm. but the -- fact of the matter is that -- every conservative in washington understands that we don't have a taxing problem. we have a spending problem. while this issue of viding the fiscal cliff getting past this is not going to be an easy issue to fix. but it is not complicated. we cannot continue to overspend more than we take in. so we immediate to address the spending. more than anything i think the republicans are look agent what's not in their personal best interests but what's in the best interest of the country. and the way we avoid further debt and deficit is to cut spending. >> will
barack obama is a bad word. they don't want any association with them. how much of that do you think is a real issue here and how do you strategize around that to sort of try to -- lift off this label of being intrasigient. >> from the gop side there are a lot of members in congress that say they do not want to support any kind of tax increase at this point. that prefer to go over the cliff and debate it in january. because they know it would harm them come midterm. but the -- fact of the...
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Dec 27, 2012
12/12
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if we go over the cliff will it be a couple weeks before they reach a deal? will they be able to mate it retroactive? will they go a few more weeks? president obama feeling strong hand he can browbeat the republicans and make them crawling back is what i think he can do right now? it in terms of the revenue even if he got his way it is five cents on the dollar. david: we'll talk about that in a second. i want to squeeze you on this there are a lot of economists who say yes, if all taxes go up no doubt we'll go into recession. >> right. david: there will be less spending. producers have less money to hire people. everybody will keep all their money in their pockets. >> short term you overlook the damage done to the military about the so-called sequestration, that reduction in overall spending will have a little bit of good impact. but there is no question, we're following the path europe followed, japan followed, raising taxes in the face of wobbly economy. we haven't done anything like this on scale since early 1930's. david: even the president admitted not t
if we go over the cliff will it be a couple weeks before they reach a deal? will they be able to mate it retroactive? will they go a few more weeks? president obama feeling strong hand he can browbeat the republicans and make them crawling back is what i think he can do right now? it in terms of the revenue even if he got his way it is five cents on the dollar. david: we'll talk about that in a second. i want to squeeze you on this there are a lot of economists who say yes, if all taxes go up...
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Dec 28, 2012
12/12
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president obama and congressional leaders meet later today trying to hammer out a deal on the fiscal cliff. we'll ask republican senator bob corker if a deal is likely, and tell you how no deal could significantly impact everything from the price of milk to the price of gas. >> we also look back at the life and legacy of general norman schwarzkopf and a double agent tells "60 minutes" how he used facebook to infiltrate al qaeda. >> we begin with a look at today's "eye opener" your world in 90 seconds. >> the republicans in the house have left town, the negotiations
president obama and congressional leaders meet later today trying to hammer out a deal on the fiscal cliff. we'll ask republican senator bob corker if a deal is likely, and tell you how no deal could significantly impact everything from the price of milk to the price of gas. >> we also look back at the life and legacy of general norman schwarzkopf and a double agent tells "60 minutes" how he used facebook to infiltrate al qaeda. >> we begin with a look at today's "eye...
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Dec 29, 2012
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because getting legislation out of the house is the trickier part of crafting any type of deal. but with the house saying look, we need the senate to do something, the last ditch effort is occurring in the senate right now. i spoke to staffers close to senator mcconnell that said there was optimism on their side yesterday, including from their boss, senator minority leader mitch mcconnell to get a deal. of course, any kind of word in reading from the members themselves will not come until tomorrow, but it's both chris and luke that said in the segment before mine, there is a sense that what might have been optimism yesterday does not exist today. of course, that is what always goes on when you have negotiations. we will see what happens tomorrow. tomorrow will be a very big day. >> the optimism seems to be waning. what does john boehner do if mitch mcconnell and harry reed come to an agreement? >> that is the question if something is done on the senate side, craig, there's been the talk about house republicans as in any majority, you end up bringing the majority of the legislati
because getting legislation out of the house is the trickier part of crafting any type of deal. but with the house saying look, we need the senate to do something, the last ditch effort is occurring in the senate right now. i spoke to staffers close to senator mcconnell that said there was optimism on their side yesterday, including from their boss, senator minority leader mitch mcconnell to get a deal. of course, any kind of word in reading from the members themselves will not come until...
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Dec 29, 2012
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obama. host: and what does this have to do with the senate negotiating a fiscal of deal? caller: let me tell you something. if you go to the website listed on the left and upper side, united states -- each tax coming out of each state is going towards the or. -- war. i believe all of these politicians, mayors, governors should take a half cut pay to pay down the deficit. host: we are going to move on to darwin on the line for independents. caller: it is like the pentelikon, back in 1968 i was even fighting with the pentagon over budgets. you always had to have everything kept the same. nobody was going to change anything because next year there were going to pop everything by 10%. they told you got to worry because you would get 10% more. that goes all the way back to 1968. they just keep dwelling on one thing over and over again. i would like to know from the boston globe or the herald is asking for pictures of -- host: let's move on to del on the line for democrats. caller: this is an outrage that they cannot tax the wealthy by an additional 4%. this is the lowest tax r
obama. host: and what does this have to do with the senate negotiating a fiscal of deal? caller: let me tell you something. if you go to the website listed on the left and upper side, united states -- each tax coming out of each state is going towards the or. -- war. i believe all of these politicians, mayors, governors should take a half cut pay to pay down the deficit. host: we are going to move on to darwin on the line for independents. caller: it is like the pentelikon, back in 1968 i was...
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Dec 28, 2012
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to craft a deal to avert looming tax hikes and spending cuts. with most of the hoist members on vacation until sunday night, no plan in sight. how much can actually be accomplished. susan fereccio joins us now. chief congressional correspondent for the "washington examiner". we're seeing dianne feinstein there on the senate floor. it is vacant on the house side. so in truth how much is really going to get done? >> well, gregg, a lot of this negotiations are really taking place between the leadership levels right now. we don't really have to worry about what is happening on the house floor. it's about what is going on at the white house. now, the president today is going to meet with congressional leaders from both parties, both chambers. they will sit down. they will talk about a potential deal. the president might offer something that maybe the republicans could go for. it wouldn't be a sweeping deal. gregg: like what? >> might be something smaller. well, it would be something that could potentially avoid the major tax hikes coming in january.
to craft a deal to avert looming tax hikes and spending cuts. with most of the hoist members on vacation until sunday night, no plan in sight. how much can actually be accomplished. susan fereccio joins us now. chief congressional correspondent for the "washington examiner". we're seeing dianne feinstein there on the senate floor. it is vacant on the house side. so in truth how much is really going to get done? >> well, gregg, a lot of this negotiations are really taking place...
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Dec 26, 2012
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president obama cuts his hawaiian vacation short to deal with the fiscal cliff. it is already too late? good morning, 7:00 in the east. i'm alina cho. >> and i'm drew griffin. soledad o'brien is off today. "starting point" begins right now. >>> our starting point, a cruel one. a one-two christmas punch from mother nature. tornadoes and blizzards tearing through the south and midwest. >> oh, my god. we need to go. it's right there. >> mobile, alabama, took a real beating. a twister blowing up transformers, leaving more than 25,000 customers without power. reports to damage to homes, a high school, and church. >> it came in behind the church right there, and then all green fluorescent lighting and popping transformers left and right. and we heard the crashing and everything and the power went out. >> i prayed to god as loud as i could, and i was just praying for my safety, and i knew the church was shaking. i just prayed that the church stayed put. >> here is the other half of this story, blizzard conditions blanketing much of the midwest and the northeast will get
president obama cuts his hawaiian vacation short to deal with the fiscal cliff. it is already too late? good morning, 7:00 in the east. i'm alina cho. >> and i'm drew griffin. soledad o'brien is off today. "starting point" begins right now. >>> our starting point, a cruel one. a one-two christmas punch from mother nature. tornadoes and blizzards tearing through the south and midwest. >> oh, my god. we need to go. it's right there. >> mobile, alabama, took a...
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Dec 29, 2012
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i don't think it's a big deal that we have to work this weekend. >> it's not a big deal and you should all be working this weekend. listen, a few weeks ago it looked like speaker boehner and president obama were pretty close on a grand bargain. maybe not as big as should would hope. it looked like the president was saying, we'll raise that top rate and offer some entitlement reform. social security changes, cpi. some talk of raising the medicare eligibility age. now because of where we're at do you feel that the folks on the far right of your own party by not supporting the speaker have ended up undercutting their position and ultimately will get less of a good deal on issues they care about than they might have gotten otherwise? >> i think the country has missed a huge opportunity to solve the nation's problem and instead whatever comes out of the senate will be small ball, kick the can down the road. that's unfortunate because this is a big problem. i don't think the president and speaker were real close so i don't think my conservative colleagues have screwed anything up because the
i don't think it's a big deal that we have to work this weekend. >> it's not a big deal and you should all be working this weekend. listen, a few weeks ago it looked like speaker boehner and president obama were pretty close on a grand bargain. maybe not as big as should would hope. it looked like the president was saying, we'll raise that top rate and offer some entitlement reform. social security changes, cpi. some talk of raising the medicare eligibility age. now because of where we're...
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Dec 22, 2012
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i am a point of getting a big deal done. i am and republican, but obama won. democrats controlled to search. you have to give them a little bit. we are not going to get anything done. he wants to wait another year and revisit this. he already proposed we wait another year. nothing will get done in the next congress if there is another cliff coming up a year from now. let it go over the cliff. if i were a representative for a senator, i would go home so they go into effect forever. we have some trouble with his innocence. let it go over and let all the serious players in congress get a deal done. when people start playing the best paying a lot more money and moving their defense -- start paying a lot more money and moving their defense contracts, people will pay attention. guest: this is the interesting thing to me about the american electorate. i cannot tell you how many people and listen to have the same viewpoint as this gentleman. they say a pox on both of their houses. they are acting like children. they should have coal in all of their stockings. then you
i am a point of getting a big deal done. i am and republican, but obama won. democrats controlled to search. you have to give them a little bit. we are not going to get anything done. he wants to wait another year and revisit this. he already proposed we wait another year. nothing will get done in the next congress if there is another cliff coming up a year from now. let it go over the cliff. if i were a representative for a senator, i would go home so they go into effect forever. we have some...
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Dec 26, 2012
12/12
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KPIX
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his plan would include short term spending cuts instead of long-term deals that had been sought. >>> from hawaii. comes word that president obama will cut short vacation and return to washington later today to take part in "fiscal cliff" negotiations. christmas day the president and first lady met with servicemembers and their families. the president told the marines he was grateful for their service and posed pour pictures. >>> recent college graduates are having a tough time getting jobs in their desired lines of work. according to the latest u.s. census figures about 2 60,000 young adults with college degrees in california are working in food service and retail. >> couldn't get a job in the field that i wanted to so i figured i have to start at the bottom. >> without higher paying jobs, it's that much harder for graduates to pay back student loans weapon tuition rising across the nation. >>> the holiday season isn't what it used to be for american oh. a new poll suggests a lot of people are working between christmas and new year's. the survey conducted in the midwest shows about a
his plan would include short term spending cuts instead of long-term deals that had been sought. >>> from hawaii. comes word that president obama will cut short vacation and return to washington later today to take part in "fiscal cliff" negotiations. christmas day the president and first lady met with servicemembers and their families. the president told the marines he was grateful for their service and posed pour pictures. >>> recent college graduates are having a...
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Dec 22, 2012
12/12
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FOXNEWSW
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a deal can happen and i believe that a deal will happen. i'm going to make a statement that president obama made about being optimistic. i'm optimistic that they can cut a deal for what they need to stop doing is this political theater. they are he' still playing politics and this negotiation debacle is an example of how washington d.c. is broken, but i don't fault boehner, i fault president obama and the tea party. >> jamie: mike, at this point politically theater or not, the question is sitting on the edge of their seat. why is it going this way? why is the president away? why is john boehner saying it's up to the president? how do you see this whole thing playing out? >> well, i think speaker boehner had a really tough day. if this were a parliamentary system they'd throw him out as leader. he went to the caucus and they said we're not going to follow along. he they got 95% of what they wanted on the tax, maybe 99% and he said, well, i'm going to punt my responsibility, kick it to the senate, to the president and hope they can figure it
a deal can happen and i believe that a deal will happen. i'm going to make a statement that president obama made about being optimistic. i'm optimistic that they can cut a deal for what they need to stop doing is this political theater. they are he' still playing politics and this negotiation debacle is an example of how washington d.c. is broken, but i don't fault boehner, i fault president obama and the tea party. >> jamie: mike, at this point politically theater or not, the question is...
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Dec 27, 2012
12/12
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FOXNEWSW
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to deal with the fiscal cliff issues. air force one touched down a short while ago at andrews air force base in maryland. we're learning now the president has resumed talking with congressional leaders about trying to solve this crisis that lies just a few days ahead. molly henneberg keeping an eye on that live from the white house. molly? >> reporter: hi, jon, yes. president obama spoke to the top republican and the top democrat in both the house and the senate when he was in hawaii before flying back here to washington. still no negotiation sessions have been set, at least not publicly, not formally. the president cut short his vacation, he left his wife and daughters there in hawaii and flew back here to washington to be here at the white house for any last minute meetings on the fiscalcliff. the vice president is scheduled to be here at the white house for meetings as well. over in congress the senate is in session, the first time either the house or senate has been in session for legislative business between christma
to deal with the fiscal cliff issues. air force one touched down a short while ago at andrews air force base in maryland. we're learning now the president has resumed talking with congressional leaders about trying to solve this crisis that lies just a few days ahead. molly henneberg keeping an eye on that live from the white house. molly? >> reporter: hi, jon, yes. president obama spoke to the top republican and the top democrat in both the house and the senate when he was in hawaii...
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Dec 30, 2012
12/12
by
CSPAN
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the deal they are about to vote on is identical to the deal president obama talked about the day after the election. all that has passed since then is time and various arguments back and forth. nothing fundamental has changed. they will be voting on a package almost identical to what they were going to do. guest: maybe they will be voting on a package that is similar. the frustration is clear in your voice. i have a number of wall street clients. from talking to them this week, there was a qualitative change in their tone and attitude. host: you worked as a financial communications national director with corvis. guest: the client wanted to believe something was going to happen. as of last monday, that attitude started to change. analysts were starting to downgrade what was happening. my only question was what took them so long. the signs have been there all year that a deal at the end of the year was going to be difficult. it turned out to be even more difficult than i assumed. guest: we are in non-partisan grass-roots organization devoted to educating the public about fiscal issues. g
the deal they are about to vote on is identical to the deal president obama talked about the day after the election. all that has passed since then is time and various arguments back and forth. nothing fundamental has changed. they will be voting on a package almost identical to what they were going to do. guest: maybe they will be voting on a package that is similar. the frustration is clear in your voice. i have a number of wall street clients. from talking to them this week, there was a...
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Dec 23, 2012
12/12
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CNNW
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. # >> that debt deal turns out to be brilliant or something. >> what starts to matter at that point, the simpson-bowles commission, that president obama didn't want to appoint and didn't pay attention to, that's front and center. the blueprint for how we move on. these two guys took on a task that was a fool's errands we thought, what happens to the commissions, nothing. we go back to them. >> let's talk about the die nam mick between senator reid and mcconnell. ball is in your court. are these two capable of coming up with something that the senate could pass but more importantly the house could pass? >> they're going to have to try by new year's eve here. >> three days, four days. >> it's interesting senator reid said he would like governor neil abercrombie to appoint the replacement for daniel anyway. -- inouyue. reid thinks he'll need that vote. they'll probably move it, but we have a senate sort of chapter here before new year's eve and then it goes back. i'm not optimistic about either. i think this has gotten harder on both scores. >> we're dealing with parties operating in se
. # >> that debt deal turns out to be brilliant or something. >> what starts to matter at that point, the simpson-bowles commission, that president obama didn't want to appoint and didn't pay attention to, that's front and center. the blueprint for how we move on. these two guys took on a task that was a fool's errands we thought, what happens to the commissions, nothing. we go back to them. >> let's talk about the die nam mick between senator reid and mcconnell. ball is in...
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Dec 28, 2012
12/12
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KQED
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in a last bid for a deal, president obama stated his terms face-to-face to top republicans and democrats. >> congressional leaders arrive ted white house this afternoon for their first group meeting with the president since november 16th. vice president biden and treasury secretary timothy geithner also attend. but there was little to suggest the makings of an 11th hour bargain. a source familiar with the meeting told the newshour its president is sticking with his offer from last friday. it included keeping the bush era tax break force the middle class but raising tax rates on incomes over 250,000 dollars a year. president also wants to extend unemployment benefits for some 2 million americans who will lose them in the new year. and a proposal would delay any spending cuts. the president asked for an up or down vote on his plan unless there is a counter proposal that will pass both the house and senate. a little more than an hour after the meeting began, several participants were seen leaving. >> and back at the capital the senate's democratic majority leader harry reid and republican m
in a last bid for a deal, president obama stated his terms face-to-face to top republicans and democrats. >> congressional leaders arrive ted white house this afternoon for their first group meeting with the president since november 16th. vice president biden and treasury secretary timothy geithner also attend. but there was little to suggest the makings of an 11th hour bargain. a source familiar with the meeting told the newshour its president is sticking with his offer from last friday....
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Dec 29, 2012
12/12
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FOXNEWSW
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and president obama says tonight there is still time to get a deal done before we fall off the fiscal cliff. and he demanded congress take action now before it's too late. the president spoke in the white house briefing room just about an hour ago now. he was visibly tense. frustration in his voice. >> america wonders why it is in this town for some reason you can't get stuff done in an organized timetable. why everything always has to wait until the last minute. well, we are now at the last minute. and the american people are not going to have any patience for a politically self-inflicted wound to our economy. >> harris: if congress cannot work out a deal, tax hikes, spending cuts will take effect on tuesday of next week. president obama says he is willing to give congress a little time to come up with a compromise but his patience is limited well as is the rest of the country's. ed henry with the news live at the white house. ed, first, a dramatic meeting earlier today at the white house. and then this ultimatum from the president. >> that's right, harris. it was a dramatic exchange
and president obama says tonight there is still time to get a deal done before we fall off the fiscal cliff. and he demanded congress take action now before it's too late. the president spoke in the white house briefing room just about an hour ago now. he was visibly tense. frustration in his voice. >> america wonders why it is in this town for some reason you can't get stuff done in an organized timetable. why everything always has to wait until the last minute. well, we are now at the...
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Dec 28, 2012
12/12
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FOXNEWSW
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they realize that if there is no deal that gets done, we go over the fiscal cliff or the obama cliff and everything that gets kicked into gear, higher tax rates, some of the spending cuts, sequestration, probably good for the economy, which i believe is, but also he can come back in after the first of the year, sometime in january or february and say, let's pass some tax cuts for people making under $250,000 a year, like i've wanted to do all along and he gets to own tax cuts. it's very, very politically senator to do this on his part. on right, they really, really needed to be one voice and they just couldn't get to that. >> kelly: he divided the republicans as charles krauthammer alluded to, saying that's what the president wanted to do, to divide the republicans. senator john barrasso has something to say about the president, saying he may have wanted to do this all along, go off the fiscal cliff. >> i think that he sees a lot of cuts to the military, which the democrats have been after for a long time. and then he gets to do what he loves to do, which is blame republicans. my con
they realize that if there is no deal that gets done, we go over the fiscal cliff or the obama cliff and everything that gets kicked into gear, higher tax rates, some of the spending cuts, sequestration, probably good for the economy, which i believe is, but also he can come back in after the first of the year, sometime in january or february and say, let's pass some tax cuts for people making under $250,000 a year, like i've wanted to do all along and he gets to own tax cuts. it's very, very...
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Dec 29, 2012
12/12
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CNNW
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and so far there has been no deal reached between the lawmakers and president obama to try to avoid going over the fiscal cliff that comes on new year's day. but after a meeting at the white house, the president said he is hopeful. >> i just had a good and constructive discussion at the white house with senate and house leadership about how to prevent this tax hike on the middle class. and i'm optimistic we may still be able to reach an agreement that can pass both houses in time. senators reid and mcconnell are working on such an agreement as we speak. >> cnn's chief business correspondent ali velshi joins us from new york with some very good insight. senate majority leader harry reid has said if they don't reach something by monday he'll bring forward a bill to help out the middle class for an up-and-down vote. >> right. >> put everybody on the record, but especially republicans. isn't that the tactic? >> exactly right. the step before that is harry reid is working on some bill that might get bipartisan support in the senate. president obama in that meeting apparently told them try and
and so far there has been no deal reached between the lawmakers and president obama to try to avoid going over the fiscal cliff that comes on new year's day. but after a meeting at the white house, the president said he is hopeful. >> i just had a good and constructive discussion at the white house with senate and house leadership about how to prevent this tax hike on the middle class. and i'm optimistic we may still be able to reach an agreement that can pass both houses in time....
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77
Dec 30, 2012
12/12
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WMAR
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eye 77
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, a last-minute deal, a key player in the final hours. president obama set off the high-stakes weekend scramble friday night imemployering congressional leaders to take action immediately. >> the american people are not going to have any patience fora i politically self-inflicted wound to our economy. >> reporter: with that harry reid and mitch mcconnell launched a latch-dimp effort to craft a bipt plan to that stop the tax hike going into effect on new year's day. they negotiated all day saturday. saturday night there was an offer. by this morning, a clear sense of optimism and warnings that failure would be unthinkable. >> there are no breakthroughs yet, but there's a real possibility of a deal. >> if we are not able to reach an agreement, it will be dire. >> the morning's optimism turned into the afternoon's pessimism. the senate opened for business at 1:00 p.m. with the ominous prayer from the chaplain. >> look with favor on our nation and save us from self-inflicted wounds. >> reporter: soon democratic leader reed acknowledged he had
, a last-minute deal, a key player in the final hours. president obama set off the high-stakes weekend scramble friday night imemployering congressional leaders to take action immediately. >> the american people are not going to have any patience fora i politically self-inflicted wound to our economy. >> reporter: with that harry reid and mitch mcconnell launched a latch-dimp effort to craft a bipt plan to that stop the tax hike going into effect on new year's day. they negotiated...
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Dec 28, 2012
12/12
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WJLA
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but it may be too late for a deal. justice for our days left before the fiscal cliff deadline. >> i have to be honest, mr. president,. i don't know, why is, how it can happen. >> senate majority leader harry reid last out at house speaker john boehner accusing him of running a dictatorship. >> she seemed to care more about keeping his pspeakership than keeping the nation on sound financial footing. republicans are. blaming are >> republicans are not about to write a blank check for anything senate democrats before just because we find ourselves at the edge of the cliff. that would not be fair to the american people. >> president obama will home early from his hawaii in vacation yesterday. speaker boehner called the house back into town for an unusual sunday session. but members of congress understand the 11th-hour actions may not be enough to appease the public. >> the american people have a right to be very upset with this congress. >> the fiscal cliff will bring massive tax increases and deep spending cuts. the treas
but it may be too late for a deal. justice for our days left before the fiscal cliff deadline. >> i have to be honest, mr. president,. i don't know, why is, how it can happen. >> senate majority leader harry reid last out at house speaker john boehner accusing him of running a dictatorship. >> she seemed to care more about keeping his pspeakership than keeping the nation on sound financial footing. republicans are. blaming are >> republicans are not about to write a...
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Dec 28, 2012
12/12
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CNNW
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eye 162
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now, right now, the most likely deal on the table seems to be that scaled-down proposal president obama suggested last fright. just to recap, extend tax cuts on household income under $250,000, that's 98% of americans. extend unemployment insurance. that's important. and likely extend the alternative minimum tax fix. but is this bared down plan something house republicans can really get behind? "outfront" tonight to answer that question, republican congressman tom mcclintock of california, a member of the house budget committee. mr. congressman, good to see you. could you back that scaled back plan to avoid going over the fiscal cliff? >> as i said all along, republicans don't want taxes to go up on anyone. if we have an impasse on january 1st, they go up on everyone. so at some point, i think that we republicans have got to realize that if we can't save everybody, we need to try to save as many people as possible. that's not advocating a tax increase. if a lifeguard sees ten people drowning off his beach and can only save nine of them, it doesn't mean he's drowned the tenth one. >> you
now, right now, the most likely deal on the table seems to be that scaled-down proposal president obama suggested last fright. just to recap, extend tax cuts on household income under $250,000, that's 98% of americans. extend unemployment insurance. that's important. and likely extend the alternative minimum tax fix. but is this bared down plan something house republicans can really get behind? "outfront" tonight to answer that question, republican congressman tom mcclintock of...
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160
Dec 31, 2012
12/12
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CSPAN
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eye 160
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president obama says $250,000 -- maybe i think $350,000 is the line, maybe someone else $150,000 -- we can meet somewhere and cut down -- cut the road somewhere in the middle. and save this country from the uncertainty, the uncertainty that plagues us right now. in the olden days, a long time ago, i was a stockbroker. i was an economics major and a stockbroker on wall street. the thing wall street and investors cannot take is uncertainty. if they no taxes are going up, they will be figure things. if they no taxes are going down, they will figure things. if they now taxes are staying the same, they will figure it out. right now it they are frozen -- they do not know. families are also in many ways frozen. they do not know whether they have to budget so that they will have $2,000 less next year. they do not know whether it will be $4,000. they do not now. the uncertainty is the fault of leaders who cannot get together. i think it is critical that we get a deal. i hope in the next couple of hours. to me -- somebody asked me, what is the difference if you get it now or five days from now?
president obama says $250,000 -- maybe i think $350,000 is the line, maybe someone else $150,000 -- we can meet somewhere and cut down -- cut the road somewhere in the middle. and save this country from the uncertainty, the uncertainty that plagues us right now. in the olden days, a long time ago, i was a stockbroker. i was an economics major and a stockbroker on wall street. the thing wall street and investors cannot take is uncertainty. if they no taxes are going up, they will be figure...
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Dec 29, 2012
12/12
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CNNW
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do you think we're any closer to a deal at this point? >> i think there's no doubt that we are closer to a deal, but how much closer we'll know probably in the next 24 hours. it's interesting because in the last 20 hours, the silence that had pervaded capitol hill was completely changed after the president and the four congressional leaders he met with all announced that they're shifting negotiation tactics now to a group of two. two senators, mitch mcconnell and harry reid, the two party leaders in the senate, are going to be trying to find a way to get a deal today. we know their staff is talking. we don't expect actually any necessary meetings between those two leaders right away today. we think that their chiefs of staff are going to be on the phone, via e-mail. this reported from our producer, ted barrett. perhaps tonight they'll see if the leaders can sit down and get together something to present to their various caucuses. now as i said, it was silent until yesterday. then we heard many people speaking. again, we heard from preside
do you think we're any closer to a deal at this point? >> i think there's no doubt that we are closer to a deal, but how much closer we'll know probably in the next 24 hours. it's interesting because in the last 20 hours, the silence that had pervaded capitol hill was completely changed after the president and the four congressional leaders he met with all announced that they're shifting negotiation tactics now to a group of two. two senators, mitch mcconnell and harry reid, the two party...
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129
Dec 28, 2012
12/12
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WJZ
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eye 129
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in a last bid for a deal, president obama stated his terms face-to-face to top republicans and democrats. >> congressional leaders arrive ted white house this afternoon for their first group meeting with the president since november 16th. vice president biden and treasury secretary timothy geithner also attend. but there was little to suggest the makings of an 11th hour bargain. a source familiar with the meeting told the newshour its president is sticking with his offer from last friday. it included keeping the bush era tax break force the middle class but raising tax rates on incomes over 250,000 dollars a year. president also wants to extend unemployment benefits for some 2 million americans who will lose them in the new year. and a proposal would delay any spending cuts. the president asked for an up or down vote on his plan unless there is a counter proposal that will pass both the house and senate. a little more than an hour after the meeting began several participants were seen leaving. >> and back at the capital the senate's democratic majority leader harry reid and republican mi
in a last bid for a deal, president obama stated his terms face-to-face to top republicans and democrats. >> congressional leaders arrive ted white house this afternoon for their first group meeting with the president since november 16th. vice president biden and treasury secretary timothy geithner also attend. but there was little to suggest the makings of an 11th hour bargain. a source familiar with the meeting told the newshour its president is sticking with his offer from last friday....
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Dec 27, 2012
12/12
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MSNBCW
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eye 250
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she said let's make a deal. her prediction, probably the right one, they're going to go home. suddenly once it passes, obama wim introduce his own package which will look like what he's proposing now, and they'll have nothing to do but accept it or else they'll get blamed for everything. >> can you recall a time in your life when you were aware of politics that encompasses, what, a couple of years, at least? a comparable level of incompetence in washington? >> the only thing i can think of is the last four years. i actually spent some of the time over the holidays for my sins reading bob woodward's book. and my overall reaction to all this is groundhog day. it's the same exact issues, some of the same players, same cautions of spending, entitlements, taxation, debt celling, what have you, nothing has changed. so what's so depressing to me is we've had four years or longer to wrestle with these issues. there's virtually been no signs on progress. here we are now with two more self-imposed ceilings. and increasingly, we've got a u.s. government that sticks a gun to its head. sor
she said let's make a deal. her prediction, probably the right one, they're going to go home. suddenly once it passes, obama wim introduce his own package which will look like what he's proposing now, and they'll have nothing to do but accept it or else they'll get blamed for everything. >> can you recall a time in your life when you were aware of politics that encompasses, what, a couple of years, at least? a comparable level of incompetence in washington? >> the only thing i can...
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Dec 29, 2012
12/12
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CSPAN
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eye 73
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we had a similar debate in 2011 when we were dealing with the debt ceiling issue the first time around. and we dealt it with it in the last election. and the differences have always been that president obama has maintained that tax cuts should be allowed to expire for people making more than $250,000. mitt romney called for extending all the tax cuts fully. and making other changes to the tax code. but, you know, i mean, he wouldn't be in office right now anyway. so i think we would still be here talking about what to do come january 1. host: all right. david in maine on our line for independents. go ahead, david. caller: yes. i've been around for a few years and i've seen this coming since 1970. when revenue -- when wages did not go up, revenue doesn't come into the government. and when we constantly spend and promote money, shipment overseas, shipment job overseas, and we blame people like me on social security, you know we're elite on systems. excuse my language. host: david, we're going to leave it there. joseph rosenberg. guest: it is true right now that tax collections are at nea
we had a similar debate in 2011 when we were dealing with the debt ceiling issue the first time around. and we dealt it with it in the last election. and the differences have always been that president obama has maintained that tax cuts should be allowed to expire for people making more than $250,000. mitt romney called for extending all the tax cuts fully. and making other changes to the tax code. but, you know, i mean, he wouldn't be in office right now anyway. so i think we would still be...